Ripple development and training suit – Part 2

This is part 2 of two part course on Ripple blockchain development.

This part focuses on advance Ripple concept and ripple transaction types .

Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network created by Ripple Labs Inc.

The underlying Ripple Transaction Protocol (RTXP) or Ripple Protocol is build upon a distributed open source internet protocol and a consensus ledger.

The decentralized native digital asset powering the ledger is known as XRP.

The goal of Ripple is to make bank transactions more efficient and transparent, especially cross-border, inter-currency payments.

This part covers Multisigning concept and its use cases.  In this part, Payment Multisigning and Trustline Multisigning concepts are explained in details with demos.

The hands on demos in this part include:

1. Payment Multisigning demo
   • Create 5 new test accounts
   • Use the API call to enable multisigning with signer accounts
   • Sign Payment transactions using signer’s secret key.
   • Combine signed transactions
   • Submit signed transaction
   • Confirm transaction
2. Trustline Multisigning demo:

   Trustline is another type of Ripple transaction which establishes a trust line between two accounts using currencies like USD.

   • Create 5 new test accounts
   • Use the API call to enable multisigning with signer accounts
   • Sign Trustline transaction
   • Combine signed transactions
   • Submit signed transaction
   • Confirm transaction

We provide you an out of box environment for Ripple blockchain development  which is a  virtual machine with complete preinstalled setup and demos.

The Ripple Development and Training Suit VM is available on:

1. Google Cloud Platform
2. AWS
3. Microsoft Azure